The Venerable Gambling Hall Will Close for Good by Next Month

A judge on Monday approved the piecemeal sale of the Atlantic Club Casino Hotel to two of its rivals, which will shutter the venerable gambling hall for good by next month.

Judge Gloria M. Burns of U.S. Bankruptcy Court in Camden, N.J. approved the sale agreement, which calls for Caesars Entertainment Corp. to pay $15 million for the casino property and fixtures and Tropicana Entertainment Inc. to pay $8.4 million for Atlantic Club's...